“Owners of specialised reefer vessels have not had much to cheer about recently as refrigerated slot...
“Israeli ocean carrier Zim has posted its first annual profit for three years – and the biggest in i...
"In a bid to quash rampant speculation about its future, the members of THE Alliance have issued a r...
“Ocean carriers are looking to extend transit times in a bid to improve schedule reliability and cut costs.” See the original story at The Loadstar. Source: The Loadstar (JK)
“The number of smart containers in the world’s box fleet could increase tenfold over the next five years, according to new research from Drewry Maritime Advisors.” To learn more, see the original story at The Loadstar. Source: The Loadstar (JK)
“The International Maritime Organization (IMO) is fighting a cyber attack, the second high-profile m...
“MSC has announced four additional container wayport storage hubs as part of its Covid-19 suspension...
“Antwerp is positioning itself to be the UK’s gateway to Europe. Unaccompanied container volumes hav...
“Barge owners are calling for port operators to adopt “synchro-modality” to address the congestion crisis plaguing Europe’s box terminals.” See the original story at The Loadstar. Source: The Loadstar (JK)
“DP World VP of inland and logistics for Europe Rob Harrison is urging shippers to buy into “synchromodality” to combat North Europe’s systemic barge congestion.” See the original story at The Loadstar. Source: The Loadstar (JK)
"Container freight rates will keep declining in the current realignment of shipping demand and suppl...
**“The weekly AL1 service, operated by “THE” Alliance, made its first call to the Packer Avenue Mari...
“An increased number of ad hoc vessels and “tramp” ships operated by small, Asia-based operators are...
“Australian shippers are battling a double-whammy of spiralling supply chain inflation, container detention fees and delays to manufacturing in China.” See the original story at The Loadstar. Source: The Loadstar (JK)
“Hamburg-headquartered feeder operator Team Lines will cease trading on 11 February, after deeming its business model “unsustainable”. ” To learn more, see the original story at The Loadstar. Source: The Loadstar (JB)
“The era of low-cost ocean freight could be over as volatility and exception handling become the new battleground for forwarders and carriers.” See the original story at The Loadstar. Source: The Loadstar (JK)
**The shipping industry might be suffering a tough period of overcapacity but chief executive of oil...
“Revived Singapore-based liner operator Pacific International Lines (PIL) has joined the industry-wi...
“The republic of the Marshall Islands has hit back at claims it is being both inflexible and unrealistic in its stance on shipping’s greenhouse gas emissions.” For more, see the original article on Splash 24/7. Source: Splash 24/7 (LF)
“As container shipping’s rollercoaster year continues a steep climb, one senior carrier executive has declared: “We’re sold out.”” See the original story at The Loadstar. Source: The Loadstar (JK)
“Kuehne + Nagel today put a brave face on lower first-half revenue and profit on the back of declining volumes in every division.” See the original story at The Loadstar. Source: The Loadstar (JK)
“Long-term contracted ocean freight rates rocketed by a further 16.3% over the course of November 20...
“Containership owners have seen the value of their assets soar in the past few weeks, and they are said to be “raking in the money”.” See the original story at The Loadstar. Source: The Loadstar (JK)
"China’s shipping company COSCO Shipping Development has taken delivery of two 700 TEU electric cont...
“Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher and...
"Container terminals try to discourage long dwell times for cargo, and Lagos' gridlock shows why. Ov...
The following release was published by Hapag-Lloyd:
A new terminal will be built in the port of D...
The following release was published by ONE:
Ocean Network Express (“ONE”) is pleased to announc...
**KAWASAKI KISEN KAISHA, LTD. (“K” Line) is pleased to announce its enhanced containership service o...
““K” Line has increased its fiscal third-quarter profit forecast to more than $385 million on the back of soaring container rates, the shipping line said on Monday. ” See the original story at JOC. Source: JOC (JK)
“With the shortage of container vessels hitting critical levels, some operators have begun using bulk carriers or other vessel types to move containers.” See the original story at Container News. Source: Container News (JK)
The following release was published by Mawani:
The ports supervised by the Saudi Ports Authorit...
The following release was published by Mawani:
The Saudi Ports Authority “Mawani” has announced...
“Over the next decade the shipping sector could be completely reshaped, writes Danish Ship Finance i...
Ocean Network Express (ONE) is pleased to announce a new direct service
**Thailand Hakata Express...
"The proposed $1 billion deal between China International Marine Containers Ltd. (CIMC) and Maersk C...
"The U.S. Department of Transportation (USDOT) has announced the availability of over $1.4 billion i...
"The Port of Valencia will commit €1.56 billion ($1.64 billion) to a new container terminal.
The...
[![[An Evergreen container vessel at port]](https://app.eesea.com/news/wp-content/uploads/evergreen-...
“Singapore’s contaminated fuel outbreak is likely to cost tens of millions of dollars and keep lawyers busy for years to come.” See the original story at Splash247. Source: Splash247 (JK)
"One hundred and seventy euros ($173). That’s the price Danish carrier Maersk estimates clients will...
“The ongoing crisis at the UK’s Port of Felixstowe could impact up to nearly $2 billion of trade imports, according to analysis by the Russell Group.” See the original story at Port Technology. Source: Port Technology (JK)
"A new 34-page report released today at the margins of COP28 details the annualised total costs of z...
“£17 billion ($23 billion) of annual Russian exports to the UK will be disrupted by the closure of a...
“CMA CGM has posted a net profit of $1.75bn for 2020, following a loss of $229m the year before, and said it was “confident” about the outlook for 2021.” See the original story at The Loadstar. Source: The Loadstar (JK)
"Canadian Pacific Railway Limited (CP) has announced it has received the required regulatory clearan...
"In the largest suit filed in the history of the Federal Maritime Commission (FMC), Mediterranean Sh...
"The U.K.’s largest container port, Felixstowe, is essentially at a standstill after 1,900 members o...
The Government of the Republic of Madagascar, represented by the Minister of Finance and Budget RAKO...
"The US Department of Transportation’s Maritime Administration (MARAD) has made $662m available for...